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- October 17, 2013 at 10:55 am #142978
What implications do an increase & decrease in the accounting figures indicate to a company??
October 17, 2013 at 1:44 pm #142992Accounting figures – I am not sure, but would assume it means figures from the financial statement plus potentially ratios.
Wierd question – accounting figures give the info about the company, if they are from financial statements – they relate to historic data, if from forecast they try to predict future. In profit and loss Debits are expenses, Credits are incomes. Dr up means more expensive, Dr down may mean smaller scale of activity or cheaper suppliers, Credits up – more sale at the same prices or the same level of sale but charged higher prices.
Balance sheet account – Debits are assets – what company owns, Credits how these were financed.
You can talk for hours about implications. Every change has a meaning, may provide some important information about the business. I don’t know what paper you are doing – see your books for what may be required here as it is very broad topic and at different leveles in your study different level of details may be needed - AuthorPosts
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